718 Thomas St,Elizabeth City, NJ 07202
Elizabeth City, NJ 07202
Description
Impeccable investment property located in the highly desirable Bayway section of Elizabeth, NJ, offering a rare opportunity for both investors and owner-occupants. The building features four well-designed units, each consisting of 1 bedroom, 1 full bathroom, a comfortable living room, and a separate dining area, providing functional and inviting layouts that are consistently in demand. All units are in excellent, move-in condition and have been meticulously maintained, reflecting true pride of ownership and minimal deferred maintenance. A standout feature of the property is the right-side unit, which includes a fully finished basement, offering additional usable space that can serve as recreation, storage, or extended living adding both flexibility and potential value. Situated in a strong rental corridor with close proximity to major highways, public transportation, shopping, and local amenities, this property benefits from consistent tenant demand and long-term stability. With its solid unit mix, turnkey condition, and prime location, this asset presents an excellent opportunity for immediate cash flow, long-term appreciation, or owner-occupancy with supplemental income, making it a valuable addition to any real estate portfolio.
Details
| MLS # | 4022414 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 145 |
| Listing Provided By | NEW AND MODERN GROUP | AMI YAZMIN CRUZ |
Features
| Bath(s) | 4 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 12152 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07202 |
| Area | Union |
| Listing VS Median (in 07202) | |
Price: $839,999 low | high Med: $74,999 On site: 145 low | high Med: 53 | |
Market Activity 07202
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Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Elizabeth City |
| Zip Code | 07202 |
| Area | Union |
| Listing VS Median (in 07202) | |
Price: $839,999 low | high Med: $74,999 On site: 145 low | high Med: 53 | |
